... whatever it takes, when we think about eating something, we go for it at any cost. Either it is the North part of lahore or the south one, the city is stuffed with brands of food. Brand? Really..? yeah, actually when it comes to the modern era, when people wear brands, speak brands and even eat brands, the food factories have also turned themsleves into the world of brands. Among various areas famous as the lands of good food in lahore are the Food Street, fortress stadium and M.M.Alam road. The latter one is mostly enjoyed by the upper strata. Among the various lacal and international brands lacated on this food land is Fat Burger; which actually is my topic to be highlighted in this document. Fatburger is an american fast casual resturant chain. It originates from the Los Angeles, california in the year 1947, which gradully expanded its chain to 19 different countries of the world. This food chain started serving Pakistan in january 2013 in karachi. Owing to the warm welcome to this burger bun in pakistan and the...
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...quick-service industry McDonalds has had to make several adjustments to stay on the leading competitive edge. As society becomes more aware of health issues and economic opportunities, the restaurant industry has been severely impacted which, has forced menu adjustments with better food at competitive prices. Below we will address how McDonalds strategy through analysis, formulation, and implementation. Analysis: Focus on External and/or Internal Environments Maintaining a competitive advantage is the most important factor for a business to be successful. Although McDonalds has been in business since 1940 and has formulated the market for the fast food industry, it has come under heavy pressure of competitors. At first, McDonalds focused on burgers, drinks, and fires. However, new entries into the quick-service industry have affected them with more expanded and different menus. This has forced McDonalds to restructure their entire business strategy over time to stay on top of customer demands placing focus on the PESTEL model. External Environments There are several trends that affect McDonald’s ability to sustain a competitive advantage. One of the most important trends is the economic factor, which affect consumer-spending power. In periods of relative prosperity, a consumer income will be high and they are willing to spend more money. However, during a recession spending power decreases making price more relevant. In 2012, Jim Skinner broke from McDonald’s...
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...In-N-Out Burger In-N-Out Burger is a regional chain of fast food restaurants with locations in the western United States. It has Good quality burgers at affordable price that has drive-thru facility. In-N-Out Burger has slowly expanded outside Southern California into the rest of the state, as well as into Arizona, Nevada, Utah, and Texas that is spread out to 210 locations with thousands of employees. The regional chain In-N-Out Burger has held its own against giants Burger King and McDonald's by stressing employee retention. It has developed a highly loyal customer base, and has been rated as one of the top fast food restaurants in several customer satisfaction surveys. New Associates are paid at a minimum of $10.00 an hour. As an hourly Associate, staff can advance through a variety of levels tied to have an increase in their pay and have the opportunity to pursue a management career. A way for the staffs to have that is through offering excellent part-time and full-time benefits like flexible schedules to accommodate school and other activities, health, dental, paid vacations, free meals, comprehensive training, and a 401k plan. Reference : http://en.wikipedia.org/wiki/In-N-Out_Burger The company attributes such as the followings, are at least ranked as 4 out of 5 stars; * Compensation/Benefits * Management * Job Security/Advancement * Job Culture * Job Work/Life Balance Reference: http://www.indeed.com/cmp/In--n--out-Burger/reviews The In-N-...
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